Added: 02/02/2006 |
Fairfield resorts have changed the face of the timeshare industryFrom a single Arkansas location in 1966, to today?s vast network of resorts, travel services and member privileges, Fairfield?s role has been pivotal to the growth of timeshare in the world. The company?s exceptional development standards, innovative products and unmatched hospitality expertise have all helped position Fairfield as the timeshare brand more families trust than any other.
Fairfield Resorts offers vacationers a (time) share of paradise. One of the leading operators of timeshare vacation properties, Fairfield has more than 70 resorts in 21 states. Its properties include beachfront locations, skiing destinations, and family vacation areas; the resorts typically offer such activities as golf, tennis, and swimming. Almost 500,000 people own an interest in Fairfield's resort units, which allows them use of the property during a certain period of time. Owners can also exchange their time for vacations at other Fairfield resorts or a number of third-party resorts worldwide. The company is a subsidiary of real estate and hospitality giant.
Fairfield Resorts is one of the leading resort and vacation products in the world, specializing in the development, marketing and sales of innovative vacation ownership and leisure products. More than 450,000 families enjoy the Fairfield lifestyle, vacationing at Fairfield's beautifully appointed resort condominiums across the country.
In 1966 Fairfield began as a land development company selling subdivided lots, whole ownership condos and custom-built homes in large master-planned communities such as Fairfield Bay, Fairfield Sapphire Valley and Fairfield Glade. Lot and home sales in these and other locations continue to this day.
In 1979 as the timeshare concept took hold in the United States, Fairfield began selling FairShare ? a deeded ownership interest that provided an annual resort vacation at a specific location during a specific time period each year. FairShare owners could ?exchange? these preset locations and dates through Fairfield?s internal exchange program, also know as FAX (FairShare® Exchange of Fairfield Resorts, Inc.). While owners could visit other Fairfield resorts through FAX or non-affiliated resorts with the help of timeshare exchange companies most remained locked in to a specific annual vacation week, also known as fixed-week timeshare.
In 1991, the Fairfield forever changed the face of the timeshare industry by introducing a revolutionary concept of points-based exchange. It was becoming apparent that people needed more flexibility with their time off ? in their vacation length, their choices of locations, when they traveled, and even the size of the unit they stayed in. It offered consumers substantially greater flexibility through a yearly allotment of points that could be ?spent? in increments for custom-sized accommodations at any time of the year and for varying lengths of stay.
Today, it is the third largest timeshare exchange network in the world and members can use their points both for Fairfield resort stays and a wide variety of travel/leisure products including airfare, cruises, accommodations and specialized leisure activities and attractions.
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